Investment

Investors exit climate group amid politicisation

Climate Action 100+ (CA100+) has lost two more asset managers; Allspring and AllianceBernstein decided to leave in May. The high-profile withdrawals have been pinned to heavy politicisation of ESG.

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Read more: AllianceBernstein,  Allspring,  Climate Action 100+,  IGCC,  Blackrock,  CalPRS,  CalSTRS,  Church of England Pensions Board,  Invesco,  J.P. Morgan,  New York State Common Retirement Fund,  Nippon Life Insurance Company,  Pimco,  State Street